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Vancouver's Largest Suburb Restarts Experiment With Self-Run Developer

Surrey's Publicly Owned Development Corporation's Targets To Include Housing, Life Sciences Projects

The 3 Civic Plaza project in Surrey, British Columbia, was a crowning achievement of the first iteration of the Surrey City Development Corporation. After being closed in 2020, the unique experiment in running a publicly owned developer has been restarted by the Surrey City Council. (CoStar)
The 3 Civic Plaza project in Surrey, British Columbia, was a crowning achievement of the first iteration of the Surrey City Development Corporation. After being closed in 2020, the unique experiment in running a publicly owned developer has been restarted by the Surrey City Council. (CoStar)

British Columbia’s second-largest city is restarting an unusual development experiment, with an eye on housing and life science projects in the city center.

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